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New acquisitions expected to grow DSV and Kuehne + Nagel in 2022

With an outlook to strong first-quarter results, logistics groups Kuehne + Nagel and DSV face a promising 2022, which could entail major growth via acquisitions for both companies, says analyst firm.

Photo: Daniel Reinhardt/AP/Ritzau Scanpix

Despite Covid-19 continuing to affect global supply chains and Russia’s war in Ukraine, two of the logistics sector’s most profitable companies, Kuehne + Nagel and DSV, stand to deliver excellent results for the first quarter this year, and acquisitions could make the two players markedly larger in 2022, according to Bernstein analyst Alexander Irving.

Kuehne + Nagel will present its quarterly result Tuesday, with DSV following Wednesday, and analysts have already predicted that DSV is going to present its hitherto best Q1 result and possibly follow it up with an upgrade to the company’s full-year guidance.

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